IIM Ranchi MBA : Fees 2025, Course Duration, Dates, Eligibility

IIM Ranchi offers a comprehensive MBA program with a smooth admission process that includes a Group Discussion and Personal Interview. Candidates are shortlisted based on CAT scores, followed by a written test and interview. The college values diversity and has a renowned faculty that uses presentations and case studies for teaching. Guest faculty from the industry provide invaluable exposure. The fee structure is considered reasonable, with bank loans available to ease financial concerns.

Hostel accommodation is single-occupancy and valued for money. IIM Ranchi boasts a 100% placement record, with over 100 companies participating annually. For the 2018-2020 batch, 94 recruiters, including first-timers, offered roles in diverse fields like Consulting, Finance, and IT. Top recruiters include JP Morgan Chase and Amazon. The average CTC was 15.11 LPA, with the highest domestic package at 26 LPA and international at 59.36 LPA. The dedicated student placement team ensures a seamless process, backed by a strong alumni network and Entrepreneurship Cell.

The total cost for the MBA ranges from Rs. 16.3 lakh to Rs. 19 lakh, including hostel fees, with mess charges of Rs. 21,000-27,000 per trimester. Collaborations with banks like SBI and PNB provide education loans up to Rs. 40 lakh without collateral. Scholarships, including government schemes and the Merit-cum-Means scholarship, support minorities and top students. Despite a 6% annual fee increase, financial aid and robust placements make IIM Ranchi a top choice among new IIMs.